Gambhir Watts

Member's name: Mr Gambhir Watts
Date of Hearing: 11 November 2020
Division: New South Wales
Tribunal: Disciplinary Tribunal

On 11 November 2020, the Disciplinary Tribunal found that Mr Gambhir Watts breached Article 39(a)(ii)(F) of the 14 May 2019 Constitution, in that he had been “the subject of an adverse finding that has not been overturned on appeal in relation to the Member's conduct, competence or recognition by any Court, professional body, statutory or other regulatory authority in any jurisdiction” in respect of a decision of the Tax Practitioners Board and affirmed by the Administrative Appeals Tribunal on 9 June 2020, to terminate Mr Watts' registration as a tax agent.

Penalty and costs

The Disciplinary Tribunal imposed the following penalties:

• forfeiture of membership and not eligible for readmission for a period of two years
• if re-admitted as a member, Mr Watts' status will be reduced from an FCPA to CPA.

Prior to any application for re-admission as a CPA Australia member, Mr Watts must first successfully complete the Advanced Taxation segment of the CPA Australia program as a non-member.

Mr Watts was ordered to pay CPA Australia's costs of $2458.